The rent prices in real estate in Yaphank, in the New York region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Yaphank has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1. In November this price barely changed remaining at $1 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $0.75 to during February, and March.
When referring to the price in Yaphank (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,497. In November This price remains at $2,508. In the following two months the average price has hardly changed with regard to the previous two months from $2,502.5 to $2,533. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,517.75 and $2,478 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,513 they are 15 % more affordable than the average price for Yaphank . The properties with the highest average price have 2 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,432.
According to average price per property type in Yaphank, "" priced at $2,432 is 3 % lower than the average price ($2,513) in this city.